Common use of Initial Conditions Precedent Clause in Contracts

Initial Conditions Precedent. The Borrower may not deliver the first Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the same. The Lender shall notify the Borrower promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance reasonably satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance reasonably satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first a Utilisation Request unless the Lender has received all of the documents and other evidence listed in and appearing to comply with the requirements of Schedule 1 (Conditions precedent) Precedent), each in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower promptly upon being so satisfiedreceiving such documents and other evidence.

Initial Conditions Precedent. The No Borrower may not deliver the first a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part I of Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the relevant Borrower promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower promptly upon upon, and in any event within five Business Days of, being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first Utilisation a Utilization Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower Borrowe r promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part 1 of Schedule 1 (Conditions precedentprecedent and conditions subsequent) in form and substance satisfactory to the Lender, unless the Lender or to has otherwise waived such Part 1 of Schedule 1 requirement (the extent it has not received date the same, it has waived receipt of Lender notifies the sameBorrower being the “Closing Date”). The Lender shall notify the Borrower promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower Borrowers may not deliver the first Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 2 (Conditions precedent) in form and substance satisfactory to except those documents which specifically will only be available on the Lender Utilisation Date or to the extent it has not received the same, it has waived receipt of the samewithin another specified date. The Lender shall notify the Borrower Borrowers promptly upon being so satisfied.

Initial Conditions Precedent. The Borrower may not deliver the first a Utilisation Request unless the Lender has received received, or is reasonably satisfied that it will receive, all of the documents and other evidence listed in Schedule 1 (Conditions precedentprecedent to Utilisation) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower promptly upon being so satisfied.. [[NYCORP:3619122v1:4472W: 10/03/2016--02:04 PM]]

Initial Conditions Precedent. The Borrower may not deliver the first a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the sameLender. The Lender shall notify the Borrower promptly upon being so satisfied. For the avoidance of doubt, the Borrower shall not be obliged to submit any of the documents listed in Schedule 1 (Conditions precedent) where such documents have already been submitted to the Lender in relation to any previous Utilisation Request.

Initial Conditions Precedent. The Borrower may not deliver the first a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender or to the extent it has not received the same, it has waived receipt of the same. The Lender shall notify the Borrower promptly upon being so satisfied.